Plus500 vs Trade Republic

Plus500 vs Trade Republic Comparison Table 2023
Plus500 Review 2023 Trade Republic Review 2023
4.1
Not Yet Rated
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Plus500 is a leading global broker with millions of registered traders and multiple awards. The company specializes in CFDs on its intuitive, proprietary platform and app. The broker holds multiple licenses from reputable regulators, including in the UK, Europe and Australia.

Trade Republic is a German-based mobile-only securities bank and stockbroker that supports stocks, derivatives and crypto trading.

82% of retail CFD accounts lose money.
Comment by Reviewer
"Plus500 is a great option for CFD traders seeking a trustworthy broker with extensive market access, low fees and a reliable trading platform."
Pros
  • No commissions and tight spreads on over 2,800 instruments across forex, shares, indices, commodities, options and ETFs
  • Premium service for professional traders with added benefits including external webinars, expert analysis and a dedicated client manager
  • ESG investing opportunities through a range of equities and indices, including the Global Warming Reduction Index
  • Unique +Insights feature offering real-time trading analysis to uncover trends and market sentiment
  • Excellent reputation with 24 million clients worldwide and licensed in multiple jurisdictions
  • Reliable 24/7 customer support via email, telephone, live chat and WhatsApp
  • Excellent risk management tools including guaranteed stop loss orders
  • Authorized by tier-one regulators including the FCA
Cons
  • No MetaTrader 4 integration
  • $10 monthly inactivity fee
  • No copy trading
Awards
  • Best Overall Broker 2021 - DayTrading.com
  • Best Overall Broker 2020 - DayTrading.com
  • Best Overall Broker 2019 - DayTrading.com
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options Stocks, ETFs, Indices, Derivatives, Cryptos
Demo Account
Yes No
Minimum Deposit
$100 $0
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA BaFin, Bundesbank
Margin Trading
Yes No
STP Account
No Yes
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS, Android and Windows iOS & Android
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • ZAR
  • CZK
  • EUR
Stock Exchanges
Commodities
CFD Trading
Commission-free CFDs span an excellent range of markets. Traders can go long or short on popular assets with variable leverage and competitive spreads. Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups.
Leverage
1:30
FTSE Spread
1.8 Market
GBPUSD Spread
1.1 Market
Oil Spread
0.04 Market
Stocks Spread
0.08 Market
Forex Trading
Plus500 offers forex trading via CFDs with tight, variable spreads and an impressive range of over 70 currency pairs. Trade Republic offers derivatives trading on a range of currencies for its European clients.
Forex App

Plus500 have developed their mobile apps to match the WebTrader online platform . Secure, reliable and uncomplicated, the app is among the best out there. Stop loss and limits are available, free alerts and a full range of markets and instruments are available. Visit the download page here.

GBPUSD Spread
1.1 Market
EURUSD Spread
0.6 Market
EURGBP Spread
1.4 Market
Assets
70+ Limited
Cryptocurrency
Crypto trading not offered Trade Republic supports derivatives trading on four leading cryptocurrencies.
Spread
Variable Market
Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XRP
  • IOTA
  • NEO
  • EOS
  • XMR
  • BTC
  • ETH
  • LTC
  • BCH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered Binary options are offered on popular financial markets.
Payout
Undisclosed%
Ladder Options
No No
Boundary Options
No No
82% of retail CFD accounts lose money.
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